Monday, June 30, 2008

Russell Simmons Issues a Statement about his Child Support

In a letter addressed to critics, hip-hop music mogul Russell Simmons, 50, defended a child support ruling that was filed Tuesday in Los Angeles Superior Court involving the hip-hop mogul and his ex-wife Kimora Lee Simmons, 33, and their two daughters Ming Lee, 8, and Aoki Lee, 5. Simmons set the record straight regarding the amount of child support he pays and why he's glad to pay it.

In the statement, Simmons stated the following:

Friends of mine have forwarded me gossip online about my custody agreement details with Kimora. The fact is, we’ve had a pretty good partnership at sharing the girls in the past.

There have been a few bumps in the road, and those bumps have led us to negotiate a minimum amount of time I’m guaranteed to see my kids. That deal is as follows: I have the girls one full week out of every eight, half of the summer, half of all the holidays, a full week at Christmas, and half of Spring Break.

Like in all good partnerships, contracts are meant to protect the partners but are usually not the only way the partners work together. If I show up in L.A., where she now lives, unannounced, I can call up Kimora and she will most likely send them right over. The same goes for when she comes to New York.

We have always had a school in New York and a school with the same curriculum in L.A., so when the girls are with me in New York, we can spend quality time together. I can get up with them, take them to school and just be together. Kimora consults with me about doctors or schools for the girls, but she’s always had final say in those areas. If we had an argument about a school, guess who’s going to win?

Hello!You may probably be very curious to know how one can make real money on investments. There is no initial capital needed. You may commense to get income with a sum that usually is spenton daily food, that's 20-100 dollars.I have been participating in one company's work for several years, and I'm ready to share my secrets at my blog.